Avenu at Natick, an ages-62-and-up apartment community, was sold to developer and property manager, Greystar Real Estate Partners of Charleston, South Carolina for $86.5 million.
Tuesday’s sale was well above the assessed value and the previous sale of 21 Austen Way. The property is assessed by the City of Marlborough at just over $51 million, and was last sold for $65.2 million in 2018, according to the Marlborough assessors’ database.